£116,537
This estimated value is based upon the latest sale price for the house of £34,000 on 20 May 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £34,000 | 20 May 2001 |
| £26,000 | 23 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in May 2001 the House Price Index for LANCASHIRE was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £34,000 results in an estimated price of approximately £116,537.
| 20 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £34,000 | £82,537 | £116,537 |
The Postcode Pricing Model uses changes in average sales price within the BB18 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 355.738 % | £120,951 | £154,951 |
| 3 Month Average | 326.706 % | £111,079 | £145,079 |
| 6 Month Average | 319.335 % | £108,573 | £142,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £100,832 | £99,950 | 7 LOWER EAST AVENUE |
| 8 Jun 2023 | £86,042 | £85,000 | 33 LOWER EAST AVENUE |
| 8 Jun 2023 | £95,153 | £94,000 | 36 LOWER WEST AVENUE |
| 13 Apr 2023 | £117,263 | £116,000 | 13 COOPERATIVE STREET |
| 15 Nov 2022 | £118,564 | £120,000 | 21 LOWER EAST AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 Aug 2013. Using an estimated price of £116,538 means this house is valued at £1,099 per sq meter (£102 per sq foot).
The average size of a house on WEST AVENUE is 132 sq meters (1,422 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower East Avenue |